$400,000
Price cut: $50K1508 Versailles Road, Lexington, KY 40504
- 3,400
- sqft
- 0.44
- acres
- Business
- Property type
- 1994
- Year built
- 0.44 acres
- Lot size
- $118
- Price / sq ft
Listing Description
LOCATION. VISIBILITY. OPPORTUNITY. Rarely does a commercial opportunity in such a strategic location become available. Situated on approximately 0.43 acres along highly traveled Versailles Road, 1508 Versailles Road offers exceptional potential for redevelopment, investment, or a future business venture. Conveniently located just minutes from downtown Lexington, New Circle Road, and major commercial corridors, this property benefits from outstanding accessibility and exposure. The true value lies in the land and location, making this an ideal opportunity for investors, developers, or entrepreneurs seeking a prime site in a growing area. Whether your vision includes retail, office, service-based business, or redevelopment, this property provides a blank canvas in a location that continues to see strong demand. Property is being sold as-is. Bring your vision and capitalize on this exceptional Versailles Road opportunity.
Listed by ERA Select Real Estate · Greg@ERASelect.com
MLS #26012647 · Listing provided by
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Business
- Year built
- Built in 1994
- Lot size
- 0.44-acre lot
- Price / sq ft
- $118 / sq ft
Interior
- 0 bathrooms
Property
- Business
- 3,400 sq ft
- 0.44-acre lot
Construction
- Built in 1994
- Heating: Natural Gas
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Utilities & comfort
- Heating
- Natural Gas
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Not reported
Property & Price History
| Date | Event | Price |
|---|---|---|
| Jun 2, 2026 | Listed for sale | $450,000 |
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Property Documents
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Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$2,550/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $2,076
- Taxes
- $357
- Other costs
- $117
- $400,000
- Home price
- 20% · $80,000
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $2,076
- Estimated property taxes
- $357
- Home insurance
- $117
- HOA
- Not provided
- Utilities
- Not included
Estimate only. Utilities not included. HOA not provided.Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Adjust Payment Details
Payment Breakdown
- Principal & interest
- $2,076
- Estimated property taxes
- $357
- Home insurance
- $117
- HOA
- Not provided
- Utilities
- Not included
Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Travel Times and Accessibility
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- Walk Score
- —
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- Bike Score
- —
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Assigned Schools
Elementary School
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Middle School
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High School
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty